Common use of Applicable Margins Clause in Contracts

Applicable Margins. The Prime Applicable Margin and the LIBOR Applicable Margin to be used in calculating the interest rate applicable to different types of Advances shall vary from time to time in accordance with the ratings for Borrower’s or General Partner’s long-term, senior unsecured debt as follows: Rating Period: LIBOR Prime Rating Level of Lower of Two Applicable Applicable Highest Ratings* Margin Facility Fee Margin A-/A3 0.475% 0.125% 0 % BBB+/Baa1 0.55% 0.15% 0 % BBB/Baa2 0.625% 0.175% 0 % BBB-/Baa3 0.80% 0.20% 0 % Below BBB- or Baa3 1.15% 0.25% 0.15 % * The letter categories used above are established by reference to S&P and Mxxxx’x categories, respectively. At least one of S&P or Mxxxx’x ratings must always be included in the two ratings used. All margins and fees change as and when the applicable rating level changes. In the event an agency issues different ratings for the Borrower and the General Partner, then the higher rating of the two entities shall be deemed to be the rating from such agency.

Applicable Margins. The Prime Applicable Margin and the LIBOR Applicable Margin to be used in calculating the interest rate applicable to different types of Advances shall vary from time to time in accordance with the ratings for Borrower’s or General Partner’s long-term, senior unsecured debt as follows: Rating Period: LIBOR Prime Rating Level of Lower of Two Applicable Applicable Highest Ratings* Margin Facility Fee Margin A-/A3 0.4750.475 % 0.1250.125 % 0 % BBB+/Baa1 0.550.55 % 0.150.15 % 0 % BBB/Baa2 0.6250.625 % 0.1750.175 % 0 % BBB-/Baa3 0.800.80 % 0.200.20 % 0 % Below BBB- or Baa3 1.151.15 % 0.250.25 % 0.15 % * The letter categories used above are established by reference to S&P and Mxxxx’x categories, respectively. At least one of S&P or Mxxxx’x ratings must always be included in the two ratings used. used All margins and fees change as and when the applicable rating level changes. In the event an agency issues different ratings for the Borrower and the General Partner, then the higher rating of the two entities shall be deemed to be the rating from such agency.

Applicable Margins. The Prime Applicable Margin and the LIBOR Applicable Margin to be used in calculating the interest rate applicable to different types of Advances shall vary from time to time in accordance with the ratings for Borrower’s or General Partner’s long-term, senior unsecured debt as follows: Rating Period: LIBOR Prime Rating Level of Lower Prime of Two Highest LIBOR Applicable Applicable Highest Ratings* Applicable Margin Facility Fee Margin A-/A3 0.4750.55 % 0.1250.15 % 0 BBB+/Baa1 0.60 % BBB+/Baa1 0.55% 0.150.20 % 0 % BBB/Baa2 0.6250.70 % 0.1750.20 % 0 BBB-/Baa3 0.90 % BBB-/Baa3 0.80% 0.200.25 % 0 % Below BBB- or Baa3 1.151.20 % 0.250.30 % 0.15 0.20 % * The letter categories used above are established by reference to S&P and Mxxxx’x categories, respectively. At least one of S&P or Mxxxx’x ratings must always be included in the two ratings used. All margins and fees change as and when the applicable rating level changes. In the event an agency issues different ratings for the Borrower and the General Partner, then the higher rating of the two entities shall be deemed to be the rating from such agency.

Applicable Margins. The Prime CBR Applicable Margin and the LIBOR Applicable Margin to be used in calculating the interest rate applicable to different types of Advances shall vary from time to time in accordance with the ratings for Borrower’s 's or General Partner’s 's long-term, senior unsecured debt as follows: Rating Period: LIBOR Prime CBR Rating Level of Lower of Two Applicable Applicable Two Highest Ratings* Margin Facility Fee Margin A-/A3 0.475% 0.125% 0 % BBB+/Baa1 0.550.65% 0.15% 0 BBB+/Baa1 0.70% 0.20% 0 BBB/Baa2 0.625% 0.175% 0 % BBB-/Baa3 0.80% 0.20% 0 BBB-/Baa3 0.95% 0.25% 0 Below BBB- or Baa3 1.151.25% 0.25% 0.15 0.25% * The letter categories used above are established by reference to S&P and Mxxxx’x categoriesMoodx'x xxxegories, respectively. At least one of S&P or Mxxxx’x Moody's ratings must always be included in the two ratings used. All margins and fees change as and when the applicable rating level changes. In the event an agency issues different ratings for the Borrower and the General Partner, then the higher rating of the two entities shall be deemed to be the rating from such agency.

Applicable Margins. The Prime Applicable Margin and the LIBOR Applicable Margin to be used in calculating the interest rate applicable to different types of Advances Borrowings shall vary from time to time in accordance with the ratings for Borrower’s or General Partner’s long-term, senior unsecured debt as follows: Rating Period: LIBOR Prime Rating Level of Lower Prime of Two Highest LIBOR Applicable Applicable Highest Ratings* Applicable Margin Facility Fee Margin A-/A3 0.4750.325 % 0.1250.10 % 0 % BBB+/Baa1 0.550.375 % 0.150.125 % 0 % BBB/Baa2 0.6250.475 % 0.1750.15 % 0 % BBB-/Baa3 0.800.75 % 0.200.175 % 0 % Below BBB- or Baa3 1.151.00 % 0.250.20 % 0.15 % * The letter categories used above are established by reference to S&P and Mxxxx’x categories, respectively. At least one of S&P or Mxxxx’x ratings must always be included in the two ratings used. used All margins and fees change as and when the applicable rating level changes. In the event an agency issues different ratings for the Borrower and the General Partner, then the higher rating of the two entities shall be deemed to be the rating from such agency.

Applicable Margins. The Prime Applicable Margin and the LIBOR Applicable Margin to be used in calculating the interest rate applicable to different types of Advances shall vary from time to time in accordance with the ratings for Borrower’s 's or General Partner’s 's long-term, senior unsecured debt as follows: Rating Period: LIBOR Prime Rating Level of Lower of Two Applicable LIBOR Applicable Highest Ratings* Applicable Margin Facility Fee Margin ---------------------------- ----------------- ------------ ---------- A-/A3 0.475% 0.125% 0 % BBB+/Baa1 0.55% 0.15% 0 % BBB/Baa2 0.625% 0.175% 0 % BBB-/Baa3 0.80BBB+/Baa1 0.60% 0.20% 0 BBB/Baa2 0.70% 0.20% 0 BBB-/Baa3 0.90% 0.25% 0 Below BBB- or Baa3 1.151.20% 0.250.30% 0.15 0.20% * The letter categories used above are established by reference to S&P and Mxxxx’x Moody's categories, respectively. At least one of S&P or Mxxxx’x ratings Moody's xxtings must always be included in the two ratings useduxxx. All margins and fees change as and when the applicable rating level changes. In the event an agency issues different ratings for the Borrower and the General Partner, then the higher rating of the two entities shall be deemed to be the rating from such agency.